Malta Stock Exchange to use Deutsche Börse
11 July 2012 Malta
Image: Shutterstock
The Malta Stock Exchange (MSE) migrated its electronic securities trading to Deutsche Börse’s Xetra trading system on Monday.
Xetra trading participants can now use Deutsche Börse’s infrastructure to access the Maltese financial market. It also gives twelve new market participants from Malta access to an extensive pan-European network of traders.
Frank Gerstenschläger, member of the executive Board of Deutsche Börse and responsible for the Xetra business area, said: “The Malta Stock Exchange now has one of the fastest and most reliable trading systems in the world. It connects participants in Malta to a network of around 4,500 traders in 19 countries and offers them the widest range of products in Europe and highly liquid trading.”
CEO of the MSE, Eileen Muscat said: “The Malta Stock Exchange is delighted to join Xetra as a participant exchange. As we seek to increase our international business, this development is considered to be a major milestone to help our exchange achieve this aim.”
The Vienna Stock Exchange introduced Xetra in 1999 and the Irish Stock Exchange in the year 2000. The Bulgarian Stock Exchange followed in 2008 and the Ljubljana Stock Exchange in Slovenia in 2010. The Eurex subsidiary Eurex Bonds also uses the Xetra trading system.
Xetra trading participants can now use Deutsche Börse’s infrastructure to access the Maltese financial market. It also gives twelve new market participants from Malta access to an extensive pan-European network of traders.
Frank Gerstenschläger, member of the executive Board of Deutsche Börse and responsible for the Xetra business area, said: “The Malta Stock Exchange now has one of the fastest and most reliable trading systems in the world. It connects participants in Malta to a network of around 4,500 traders in 19 countries and offers them the widest range of products in Europe and highly liquid trading.”
CEO of the MSE, Eileen Muscat said: “The Malta Stock Exchange is delighted to join Xetra as a participant exchange. As we seek to increase our international business, this development is considered to be a major milestone to help our exchange achieve this aim.”
The Vienna Stock Exchange introduced Xetra in 1999 and the Irish Stock Exchange in the year 2000. The Bulgarian Stock Exchange followed in 2008 and the Ljubljana Stock Exchange in Slovenia in 2010. The Eurex subsidiary Eurex Bonds also uses the Xetra trading system.
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